Final yr Jeunesse top-earner Theresa Gregory was busted for tax fraud by the IRS.
After pleading guilt to the fees in August 2020, Gregory was earlier this week sentenced to 36 months in jail.
In keeping with the IRS’ investigation, regardless of incomes thousands and thousands in Jeunesse, Gregory ‘paid no private earnings taxes for over 20 years.’
The IRS alleged Gregory’s tax fraud dated again to 1993, leading to $3.75 million in tax loss.
Gregory’s daughter, Tera Gore, was an confederate.
Gregory and Gore labored collectively to hide Gregory’s earnings and belongings from the IRS.
Gregory and Gore systematically moved belongings, together with companies and financial institution accounts, out of Gregory’s title and into Gore’s title.
Gregory and Gore directed earnings owed to Gregory to entities and accounts nominally within the management of Gore.
Gregory and Gore took these steps in order that IRS data wouldn’t hyperlink the earnings or belongings to Gregory and did so with the intent to evade the fee and evaluation of taxes.
Tera Gore additionally plead responsible to the fees in August 2020. She has been sentenced to six months in jail adopted by 12 months of “residence confinement.
Gregory, reported to be a detailed pal of proprietor Wendy Lewis, was a Jeunesse distributor proper up till the IRS filed their case in opposition to her.
To the most effective of my information Jeunesse company has not issued a public assertion relating to Gregory’s case.